Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(NITINSPIN) Nitin Spinners complete technical analysis [charts+indicators] | Buy/Sell Nitin Spinners | (NITINSPIN) share price targets

Complete technical analysis of Nitin Spinners (NITINSPIN) by charts plus indicators, forecast predictions and share price targets for Nitin Spinners (NITINSPIN)

Nitin Spinners trades in NSE in Textiles sector.

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Nitin Spinners is 122700

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	358.20	353.60	361.05	353.60	0.025 times
01 Fri Mar 2024	357.70	358.50	366.75	354.55	0.691 times
29 Thu Feb 2024	354.50	354.95	357.50	347.20	0.789 times
28 Wed Feb 2024	352.85	371.45	372.10	351.45	1.069 times
27 Tue Feb 2024	367.75	370.00	381.05	364.00	1.26 times
26 Mon Feb 2024	369.90	366.00	371.50	363.70	0.537 times
23 Fri Feb 2024	366.00	369.95	371.50	363.90	0.588 times
22 Thu Feb 2024	366.75	370.80	370.80	359.10	0.574 times
21 Wed Feb 2024	366.65	387.00	388.90	365.00	2.6 times
20 Tue Feb 2024	377.85	365.45	382.95	365.45	1.283 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 357 as stoploss in an intra day buy trade for a target of 366.19. However, stock will show a bearish move below 357.

Share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Target	275.95
Downside Target	313.05
Downside Target	334.30
Upside Target	368.65
Upside Target	369.95
Upside Target	377.70
Upside Target	381.05
Upside Target	388.90
Upside Target	394.60

Intraday share price targets for Nitin Spinners (NITINSPIN)

Target Type	Value
Downside Intraday Target	343.25
Downside Intraday Target	328.3
Upside Intraday Target	377.1
Upside Intraday Target	396
Upside Intraday Target	362.15

Weekly technical analysis of Nitin Spinners (NITINSPIN)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	358.20	366.00	381.05	347.20	0.773 times
23 Fri Feb 2024	366.00	363.15	388.90	359.10	1.316 times
16 Fri Feb 2024	363.10	372.90	377.70	340.60	0.258 times
09 Fri Feb 2024	371.00	349.80	394.60	334.30	1.067 times
02 Fri Feb 2024	349.35	349.90	368.65	341.15	1.997 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nitin Spinners (NITINSPIN)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	358.20	358.50	366.75	353.60	0.022 times
29 Thu Feb 2024	354.50	363.15	394.60	334.30	0.89 times
31 Wed Jan 2024	361.80	324.95	368.65	313.05	1.292 times
29 Fri Dec 2023	323.25	360.15	369.95	317.20	0.381 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nitin Spinners (NITINSPIN)

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nitin Spinners ( (NITINSPIN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nitin Spinners stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Nitin Spinners in short term but the sell signal is initial and weak.

Nitin Spinners Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Nitin Spinners in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Nitin Spinners is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 365.21 and Nitin Spinners (NITINSPIN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nitin Spinners (NITINSPIN) stock. Volume based technical analysis of Nitin Spinners (NITINSPIN) stock is negative.

Nitin Spinners Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.